Bitcoin price today is trading near $118,300 as the asset consolidates within a rising wedge breakout zone. With strong macro structure and trendline momentum visible on higher timeframes, BTC may be preparing for a multi-year rally continuation. Bitcoin (BTC) Price Trajectory from 2025 to 2030 Bitcoin (BTC) Price Prediction 2025 BTC price dynamics (Source: TradingView) On the weekly chart, Bitcoin remains confined within a broad ascending parallel channel that has guided the trend since late 2023. Price action has recently touched the midline of this channel around $118,000, aligning with overhead resistance. The Parabolic SAR is trailing below price, reflecting bullish momentum, while DMI+ remains slightly above DMI-, hinting at moderate trend strength. Zooming into the daily chart, Bitcoin is compressing within a minor descending channel, sitting atop the 20/50/100 EMA cluster between $112,800 and $117,000. The RSI is hovering around 59–62, indicating mid-strength bullish control without being overbought. This sideways consolidation may be a healthy reset before another leg higher. BTC price dynamics (Source: TradingView) Monthly structure sho… The post Bitcoin (BTC) Price Prediction 2025-2030: Will BTC Price Hit $150,000 Soon? appeared first on Coin Edition .
